Jason La Canfora reports that the New Orleans Saints have restructured the contract of WR Marques Colston.
Colston, 29, received a five-year deal worth $36.3 million last year. He had a $4.5 million base salary coming his way next season.
Mike Florio of PFT reports that $2.8 million of that figure was converted to a signing bonus that will be paid out over the duration of the deal. Florio adds that this should free up $2.1 million in cap space for New Orleans.
La Canfora mentions that Saints have offered LB Jonathan Vilma and DE Will Smith “lesser deals” to remain with the team.
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